City government · Lincoln County, SD

Canton's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Canton took in $7.3 million and spent $6.0 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (school tuition and transportation, sewer)45%City taxes44%Federal tax money6.7%Fines and other2.4%State tax money1.9%County and local tax money0.1%

What stands out

20%

of Canton's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes44%

Property tax
24%$1.7 million
Sales tax
20%$1.5 million
Other taxes
0.6%$41 thousand
What's in other taxesOther licenses
  • Other licenses$41 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$3.3 million
What's in fees for servicesSchool tuition and transportation; sewer and 5 more
  • School tuition and transportation$1.0 million
  • Sewer$937 thousand
  • Water$820 thousand
  • Other service charges$324 thousand
  • Parks and recreation$70 thousand
  • Airport$53 thousand
  • Road charges$30 thousand

Amounts are by Census type of charge.

Federal tax money6.7%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
6.7%$491 thousand

State tax money1.9%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
1.9%$136 thousand

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$8 thousand

Fines and other2.4%

Interest, rents and other
2.2%$160 thousand
Fines
0.2%$13 thousand

Where it goes

Water, sewer, trash and utilities45%Roads, transit and parking18%Police, fire, courts and jails15%Housing and community development10%Parks, recreation and libraries9.6%All other spending1.3%

What stands out

10%

of Canton's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
45%$2.7 million
What's in water, sewer, trash and utilitiesLiquor stores; water supply and 2 more
  • Liquor stores$1.0 million
  • Water supply$997 thousand
  • Sewer systems$534 thousand
  • Garbage and solid waste$132 thousand
Roads, transit and parking
18%$1.1 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$981 thousand
  • Airports$120 thousand
Police, fire, courts and jails
15%$877 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$744 thousand
  • Fire protection$133 thousand
Housing and community development
10%$623 thousand
Parks, recreation and libraries
9.6%$573 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$359 thousand
  • Libraries$214 thousand
Running the government and other costs
0.9%$54 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$54 thousand
Health and hospitals
0.2%$13 thousand
What's in health and hospitalsPublic health
  • Public health$13 thousand
Sent to other local governments
0.1%$7 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$7 thousand
Interest on debt
<0.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Canton. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Canton itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.